1 / 6
33score
↓ $5,900
$183,900
MLS
Street view2341 N Kenwood Ave
Indianapolis IN 46208 · Single Family · built 1920
3 bd1.5 ba1,704 sqft$108/sqft vs ZIP $126 −14%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,350/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
15% under ZIP $/sqftprice cut 3%below assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$183,900List price
$1,350Rent estimate / mo
1.00Lender DSCR (est.)
$3,716Taxes / yr · county assessor
$126ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$964 |
| − Taxes | −$310 |
| − Insurance | −$77 |
| = Cash flow before vacancy & repairs | $-1 |
The numbers
- Price
- $183,900
- $ / sq ft
- $108 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $3,716/yr 2% cap on assessed value $185,800
- PITIA (assumed)
- $1,351/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 15% under ZIP $/sqft · price cut 3% · below assessed value · registered rental
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,704 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22088319
- Listed
- Apr 9, 2026
- Days on market
- 191
- Listing agent
- Taylor Ballinger · eXp Realty, LLC
3174205296 · tballinger25@gmail.com - Price history
- First asked $189,800 · previously $184,900 cut $5,900
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.